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Qorvo revenue
Qorvo's revenue is $3.8 billion.
What is Qorvo's revenue?
- Qorvo's revenue growth from 2013 to 2023 is 228.29%.
- Qorvo has 7,900 employees, and the revenue per employee ratio is $477,152.
- Qorvo's peak quarterly revenue was $1.3B in 2021(q2).
- Qorvo peak revenue was $4.6B in 2021.
- Qorvo annual revenue for 2022 was 3.6B, -23.17% growth from 2021.
- Qorvo annual revenue for 2023 was 3.8B, 5.61% growth from 2022.
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Qorvo historical revenue
Qorvo's peak revenue was $4.6B in 2021. The peak quarterly revenue was $1.3B in 2021(q2).
Qorvo's revenue increased from $1.1b in 2013 to $3.8B currently. That's a 228.29% change in annual revenue.
Qorvo annual revenue
Qorvo annual revenue over time
| Fiscal year / year | Qorvo revenue |
|---|---|
| 2013 | $1.1B |
| 2014 | $1.7B |
| 2015 | $2.6B |
| 2016 | $3.0B |
| 2017 | $3.0B |
| 2018 | $3.1B |
| 2019 | $3.2B |
| 2020 | $4.0B |
| 2021 | $4.6B |
| 2022 | $3.6B |
| 2023 | $3.8B |
How accurately did Qorvo's revenue projections match actual performance?
Qorvo annual growth
Qorvo saw the greatest revenue growth in 2015, when revenue increased by 52.59%.
Qorvo had the lowest revenue growth in 2022, when revenue changed by -23.17%.
Qorvo annual growth rate over time
| Year | Qorvo growth |
|---|---|
| 2014 | 49%↑ |
| 2015 | 53%↑ |
| 2016 | 16%↑ |
| 2017 | -2%↓ |
| 2018 | 4%↑ |
| 2019 | 5%↑ |
| 2020 | 24%↑ |
| 2021 | 16%↑ |
| 2022 | -23%↓ |
| 2023 | 6%↑ |
Qorvo quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Qorvo quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | - | - | $397.1M | $634.9M |
| 2015 | $673.6M | $708.3M | $620.7M | $608.1M |
| 2016 | $698.5M | $864.7M | $826.3M | $643.0M |
| 2017 | $640.8M | $821.6M | $845.7M | $665.4M |
| 2018 | $692.7M | $884.4M | $832.3M | $680.9M |
| 2019 | $775.6M | $806.7M | $869.1M | $787.8M |
| 2020 | $787.5M | $1.1B | $1.1B | $1.1B |
| 2021 | $1.1B | $1.3B | $1.1B | $1.2B |
| 2022 | $1.0B | $1.2B | $743.3M | $632.7M |
| 2023 | $651.2M | $1.1B | $1.1B | $941.0M |
| 2024 | $886.7M | $1.0B | $916.3M | - |
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Qorvo financial information
| CEO | Robert A. Bruggeworth |
| Industry | Technology Hardware & Equipment |
| Company Type | Public |
| Employees Number | 7,900 |
| Date Founded | 2015 |
| Headquarters | Greensboro, North Carolina |
| Number of Locations | 16 |
| Revenue | $3.8B |
| Net Income | $103,152,000 |
| Gross Proft | $1.5B (2023) |
| PE Ratio | -137.23 |
| Tax Rate | 2.0% |
| Market Capitalization | $9.7B |
| Total Assets | $6,691,903,000 |
| Ticker | QRVO |
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Qorvo financing
Qorvo received early financing of $350.0M on 2019-09-30.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Debt | $350M | 09/2019 |
Qorvo competitors
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Skyworks Solutions | $100,511 | $4.2B | 11,300 | 105 |
| STMicroelectronics | $110,014 | $16.1B | 46,000 | 19 |
| Microchip Technology | $74,596 | $7.6B | 19,500 | 247 |
| Semiconductor Components Industries, LLC | $102,525 | - | 9,570 | - |
| Texas Instruments | $100,326 | $15.6B | 29,888 | 235 |
| Micron Technology | $94,951 | $30.8B | 49,000 | 647 |
| Intel | $94,208 | $53.1B | 121,100 | 578 |
| Librato, Inc. | $90,796 | $13.0B | 63,800 | - |
| Cypress | $50,948 | $2.2B | 5,871 | 50 |
| Silicon Labs | $105,769 | $584.4M | 1,838 | 7 |
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Zippia gives an in-depth look into the details of Qorvo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Qorvo. The employee data is based on information from people who have self-reported their past or current employments at Qorvo. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Qorvo. The data presented on this page does not represent the view of Qorvo and its employees or that of Zippia.
Qorvo may also be known as or be related to Qorvo, Qorvo Inc and Qorvo, Inc.